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131 days

Top Stock Movers Now: CarMax, Tesla, Nvidia, and More

1. CarMax (KMX) shares fell sharply after disappointing earnings. 2. The S&P 500 dropped 6%, impacting various sectors including auto. 3. Major U.S. indexes lost gains amid tariff uncertainty. 4. Investors are favoring safe-haven assets like gold. 5. Tariff concerns also affected other automotive stocks like Tesla.

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FAQ

Why Bearish?

CarMax's earnings miss indicates weak performance, potentially signaling reduced demand in used cars, akin to past quarters when mixed earnings reports led to stock declines.

How important is it?

The article's focus on KMX's earnings and performance directly affects investor sentiment and stock valuation.

Why Short Term?

Current market reactions are immediate, with earnings affecting KMX's stock price; similar past events had quick impacts.

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